Mach Natural Resources (MNR) Cost of Revenue (2022 - 2026)
Mach Natural Resources (MNR) posted quarterly Cost of Revenue of $100.9 million for Q1 2026, up 107.03% year-over-year from $48.8 million in Q1 2025, and down 5.21% quarter-over-quarter from $106.5 million in Q4 2025.
Mach Natural Resources (MNR) Cost of Revenue (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has reported Cost of Revenue for 5 consecutive years, with $100.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 107.03% year-over-year to $100.9 million; the TTM figure through Mar 2026 stood at $316.0 million (up 67.62% YoY), while the FY2025 annual figure was $263.8 million, up 46.14% from the prior year.
- Cost of Revenue slipped to $100.9 million in Q1 2026 per MNR's latest filing, from $106.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $106.5 million in Q4 2025 and bottomed at $27.8 million in Q2 2023.
- Historically, Cost of Revenue has averaged $48.6 million across 5 years, with a median of $44.0 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue climbed 1.58% — and 2025, when it jumped 116.3%.
- Mach Natural Resources' Cost of Revenue stood at $27.9 million in 2022, then soared by 36.5% to $38.1 million in 2023, then grew by 29.18% to $49.2 million in 2024, then surged by 116.3% to $106.5 million in 2025, then declined by 5.21% to $100.9 million in 2026.
- Business Quant data shows MNR's Cost of Revenue at $100.9 million in Q1 2026, $106.5 million in Q4 2025, and $59.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Mach Natural Resources | 2.13 Bn | 2.09 Bn | 308.23 Mn | 97.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 97.72 Mn |
| Jun 30, 2026 | 97.72 Mn |
| Mar 31, 2026 | 100.93 Mn |
| Mar 31, 2026 | 100.93 Mn |
| Dec 31, 2025 | 106.48 Mn |
| Dec 31, 2025 | 106.48 Mn |
| Sep 30, 2025 | 59.00 Mn |
| Sep 30, 2025 | 59.00 Mn |
| Jun 30, 2025 | 49.57 Mn |
| Jun 30, 2025 | 49.57 Mn |
| Mar 31, 2025 | 48.75 Mn |
| Mar 31, 2025 | 48.75 Mn |
| Dec 31, 2024 | 49.23 Mn |
| Dec 31, 2024 | 49.23 Mn |
| Sep 30, 2024 | 44.03 Mn |
| Sep 30, 2024 | 44.03 Mn |
| Jun 30, 2024 | 46.50 Mn |
| Jun 30, 2024 | 46.50 Mn |
| Mar 31, 2024 | 40.76 Mn |
| Mar 31, 2024 | 40.76 Mn |